EXPLORATION & DEVELOPMENT

Kin hoping for third time lucky after again curtailing Cardinia

KIN Mining has again pulled back on developing the Cardinia gold project near Leonora, with “higher margin ore feed” to be sought “while development studies continue at an appropriate rate”.

 Kin's mining ambitions to be parked for the time being while exploration is rebooted east of Leonora, WA

Kin's mining ambitions to be parked for the time being while exploration is rebooted east of Leonora, WA

The decision follows completion of a prefeasibility study that pointed to a "robust" 51,000 ounce per annum development with a pre-tax net present value of A$67 million and internal rate of return of 17%...

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